AAL vs FDX
American Airlines Group Inc. and FedEx Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AAL | FDX |
|---|---|---|
| Revenue | $54.6B | $94.7B |
| Net income | $111.0M | $4.4B |
| Gross margin | · | · |
| Net margin | 0.2% | 4.7% |
| Return on equity | · | 14.8% |
| Diluted EPS | $0.17 | $18.55 |
| Dividend / share | · | $5.80 |
| Payout ratio | · | 31.0% |
| Free cash flow | $-680.0M | $5.1B |
| Equity | $-3.7B | $31.6B |
| Net debt / equity | · | 0.34× |
| Current ratio | 0.50× | 1.48× |
| Revenue CAGR 5y | 25.8% | 2.4% |
| Profit CAGR 5y | · | −3.3% |
FDX bills 1.7× the revenue of AAL, and keeps more of each dollar of revenue as profit (4.7% against 0.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AAL | FDX |
|---|---|---|
| FY2025 | $54.6B | $94.7B |
| FY2024 | $54.2B | $87.9B |
| FY2023 | $52.8B | $87.7B |
| FY2022 | $49.0B | $90.2B |
| FY2021 | $29.9B | $93.5B |
| FY2020 | $17.3B | $84.0B |
| FY2019 | $45.8B | $69.2B |
| FY2018 | $44.5B | $69.7B |
| FY2017 | $42.6B | $65.5B |
| FY2016 | $40.1B | $60.3B |
Bottom line
| Fiscal year | AAL | FDX |
|---|---|---|
| FY2025 | $111.0M | $4.4B |
| FY2024 | $846.0M | $4.1B |
| FY2023 | $822.0M | $4.3B |
| FY2022 | $127.0M | $4.0B |
| FY2021 | $-2.0B | $3.8B |
| FY2020 | $-8.9B | $5.2B |
| FY2019 | $1.7B | $1.3B |
| FY2018 | $1.4B | $540.0M |
| FY2017 | $1.3B | $4.6B |
| FY2016 | $2.6B | $3.0B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$40,087,000,000 | FDX |
| FY2024 | −$33,715,000,000 | FDX |
| FY2023 | −$34,905,000,000 | FDX |
| FY2022 | −$41,184,000,000 | FDX |
| FY2021 | −$63,630,000,000 | FDX |
| FY2020 | −$66,622,000,000 | FDX |
| FY2019 | −$23,449,000,000 | FDX |
| FY2018 | −$25,152,000,000 | FDX |
| FY2017 | −$22,828,000,000 | FDX |
| FY2016 | −$20,177,000,000 | FDX |
| FY2015 | −$9,375,000,000 | FDX |
| FY2014 | −$4,803,000,000 | FDX |
| FY2013 | −$18,824,000,000 | FDX |
| FY2012 | −$19,432,000,000 | FDX |
| FY2011 | −$18,701,000,000 | FDX |
| FY2010 | −$17,134,000,000 | FDX |
| FY2009 | −$14,817,000,000 | FDX |
| FY2008 | −$11,731,000,000 | FDX |
FDX has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.5 pp | FDX |
| FY2024 | −3.1 pp | FDX |
| FY2023 | −3.4 pp | FDX |
| FY2022 | −4.1 pp | FDX |
| FY2021 | −10.8 pp | FDX |
| FY2020 | −57.5 pp | FDX |
| FY2019 | +1.8 pp | AAL |
| FY2018 | +2.4 pp | AAL |
| FY2017 | −4.0 pp | FDX |
| FY2016 | +1.5 pp | AAL |
| FY2015 | +15.0 pp | AAL |
| FY2014 | +4.5 pp | AAL |
| FY2013 | −12.0 pp | FDX |
| FY2012 | −13.7 pp | FDX |
| FY2011 | −13.0 pp | FDX |
| FY2010 | −5.8 pp | FDX |
| FY2009 | −10.8 pp | FDX |
| FY2008 | −9.2 pp | FDX |
The higher net margin has changed hands between AAL and FDX over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AAL's net margin has been more volatile than FDX's over the 18 comparable fiscal years — 13.5 percentage points of standard deviation against 1.8.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AAL and FDX over these 18 fiscal years — AAL led in 5 and FDX in 13.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.